In this episode of The Engine Room mini-series, David sits down with Clare Hamilton to talk about what can change when the farm office becomes more than a compliance job.
Clare has used Agrimaster for years, but for a long time it was mainly where the figures went so the books could be done, the BAS could be lodged and the accountant had what they needed.
That changed when Clare and Sam started investing more time into the business side of their numbers.
“We’ve shifted from being risk to well calculated decisions.”
Clare shares how building budgets, using worksheets and running scenarios helped them move from a cashbook focus to a clearer understanding of cashflow, risk, finance and opportunity.
She talks through how this changed conversations with the bank, helped them make decisions faster, and gave them more confidence when looking at land purchases, livestock trading, machinery finance and seasonal changes.
Conversation about using the right tools properly, backing yourself in the farm office, and turning your numbers into something that helps run the business.
Disclaimer
The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with a relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.
